Denver FHA Loan Rates, Closing Costs & Stats

DENVER-AURORA-LAKEWOOD, CO

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Denver's 220 lenders originated 7,542 FHA loans during 2023. The total origination value was $3,344,000,000, with an average FHA loan value of $443,384.

Denver FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Denver averaged 6.61% for the week of 2024-05-24, compared to the national average (all FHA variants) of 6.746% for the same period.

Denver's average FHA mortgage closing costs are $11,252.

The average rate for the prior week (2024-05-17) was 6.6% and one month ago for the week of 2024-04-19, the average rate was 6.52%.

The average rate one year ago was 6.25%.

For refis of the same type during the week of 2024-05-24, the average rate was 7%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Denver FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Denver level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 1,082 6.11% $17,816
QUICKEN LOANS, LLC 384 6.14% $16,406
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 286 6.65% $15,885
AMERICAN FINANCING CORPORATION 271 6.32% $17,461
V.I.P. MORTGAGE, INC. 222 6.28% $17,191
CROSSCOUNTRY MORTGAGE, LLC 214 6.62% $17,340
EAGLE HOME MORTGAGE, LLC 186 4.78% $13,452
BROKER SOLUTIONS, INC. 176 6.59% $16,473
HOMEAMERICAN MORTGAGE CORPORATION 167 5.26% $10,880
UNIVERSAL LENDING CORPORATION 159 6.61% $15,010
LOANDEPOT.COM, LLC 149 5.94% $18,494
GUILD MORTGAGE COMPANY 141 6.54% $15,835
Paramount Residential Mortgage Group, Inc. 126 6.72% $16,538
Loan Simple, Inc. 123 6.91% $15,278
EVERETT FINANCIAL, INC. 112 6.72% $17,393
INSPIRE HOME LOANS INC. 108 5.23% $12,906
Ixonia Bank 102 6.94% $15,794
South Pacific Financial Corporation 97 5.72% $14,406
DHI MORTGAGE COMPANY, LTD. 96 5.39% $19,157
PRIMARY RESIDENTIAL MORTGAGE, INC. 77 6.70% $13,185
NEST HOME LENDING, LLC 76 5.84% $19,258
PENNYMAC LOAN SERVICES, LLC 75 6.02% $18,899
MOVEMENT MORTGAGE, LLC 73 6.64% $18,058
S1L, Inc. 70 6.61% $15,878
American Mortgage & Equity Consultants, Inc. 68 6.53% $18,357
Northpointe Bank 64 6.43% $16,891
FREEDOM MORTGAGE CORPORATION 62 6.42% $22,422
CMG MORTGAGE, INC. 54 6.25% $17,833
M2 Lending Solutions, LLC 48 6.17% $15,293
KBHS HOME LOANS, LLC 47 5.58% $16,205
NEWREZ LLC 47 6.37% $15,727
PLANET HOME LENDING, LLC 47 6.03% $17,858
Nations Lending Corporation 45 6.66% $13,827
MEGASTAR FINANCIAL CORP. 42 6.41% $15,446
MUTUAL OF OMAHA MORTGAGE, INC. 39 6.34% $17,715
NFM, INC. 37 6.65% $15,666
Mr. Cooper ( Nationstar Mortgage ) 34 6.14% $24,239
JET HOMELOANS, LLC 34 5.94% $14,932
Plains Commerce Bank 31 6.12% $15,333
NOVA FINANCIAL & INVESTMENT CORPORATION 29 6.57% $11,806
SWBC MORTGAGE CORPORATION 27 6.57% $12,024
SUN WEST MORTGAGE COMPANY, INC. 27 6.09% $20,271
Flagstar Bank, FSB 27 6.35% $15,884
PLAZA HOME MORTGAGE, INC. 26 6.31% $17,195
HOMESIDE FINANCIAL, LLC 25 7.26% $13,590
Bank of England 25 6.52% $15,057
ARK-LA-TEX FINANCIAL SERVICES, LLC. 24 6.95% $13,654
TOWNE MORTGAGE COMPANY 24 5.74% $17,853
CITYWIDE HOME LOANS, LLC 24 6.20% $19,000
LEADERONE FINANCIAL CORPORATION 24 6.56% $17,377
SUMMIT FUNDING, INC. 24 6.56% $17,416
SECURITYNATIONAL MORTGAGE COMPANY 23 6.14% $21,861
CHERRY CREEK MORTGAGE, LLC 23 6.29% $7,329
GUARANTEED RATE, INC. 23 6.34% $14,868
CARDINAL FINANCIAL 22 6.38% $15,235
CALIBER HOME LOANS, INC. 22 6.25% $17,866
LOANPAL, LLC 22 5.76% $18,258
PRIMELENDING, A PLAINSCAPITAL COMPANY 22 6.45% $15,629
AMERISAVE MORTGAGE CORPORATION 21 5.63% $18,723
Carrington Mortgage Services, LLC 21 6.29% $19,278
OCMBC, INC. 21 7.01% $18,383
AMERICAN PACIFIC MORTGAGE CORPORATION 21 6.65% $17,568
Ent Credit Union 19 6.14% $12,632
DRAPER AND KRAMER MORTGAGE CORP. 18 6.55% $14,496
GUARANTEED RATE AFFINITY, LLC 17 6.42% $14,382
Summit Mortgage Corporation 16 6.46% $14,401
PULTE MORTGAGE LLC 16 5.35% $11,415
INTERCAP LENDING INC. 15 6.21% $18,947
BAY EQUITY LLC 15 6.73% $14,015
Equity Prime Mortgage LLC 15 6.42% $18,423
LAND HOME FINANCIAL SERVICES, INC. 14 7.08% $21,867
AMCAP MORTGAGE, LTD. 14 6.70% $16,933
AMERICAN FINANCIAL NETWORK, INC. 14 6.78% $16,972
Elevations Credit Union 14 6.43% $14,109
UMB Bank 12 6.88% $13,835
ZILLOW HOME LOANS, LLC 12 6.23% $19,099
GENEVA FINANCIAL, LLC 11 6.89% $21,794
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 11 7.15% $15,813
LAKEVIEW LOAN SERVICING, LLC 11 5.90% $17,643
ACADEMY MORTGAGE CORPORATION 11 6.47% $23,411
NBH Bank 11 6.33% $11,706
Princeton Mortgage Corporation 10 6.40% $16,866
Century Mortgage Company DBA Century Lending Company 10 5.94% $18,985
THE MORTGAGE COMPANY 10 6.80% $16,120
HOMEBRIDGE FINANCIAL SERVICES, INC. 10 6.09% $21,864
VILLAGE CAPITAL MORTGAGE 10 6.15% $17,236
MORTGAGE SOLUTIONS OF COLORADO, LLC 10 6.56% $18,282
BOKF 9 6.81% $14,370
The Federal Savings Bank 9 6.39% $22,377
MOUNTAIN WEST FINANCIAL, INC. 9 7.04% $15,156
Sunflower Bank 9 6.40% $15,788
U.S. Bank 9 6.58% $13,928
Financial Funding Solutions, Inc. 9 6.37% $9,327
First Western Trust Bank 8 5.98% $10,161
KeyBank 8 5.84% $18,709
The Huntington National Bank 8 6.63% $11,423
Prosperity Home Mortgage, LLC 7 6.03% $14,703
JPMorgan Chase Bank 7 7.23% $10,324
RESIDENTIAL BANCORP 7 6.55% $19,422
BMO Harris Bank 7 6.14% $8,877
MASON MCDUFFIE MORTGAGE CORPORATION 7 6.57% $17,660
Network Funding, L.P. 7 6.61% $17,188
CORNERSTONE HOME LENDING, INC. 7 6.34% $16,385
MICHIGAN MUTUAL, INC. 6 5.98% $17,159
CHURCHILL MORTGAGE CORPORATION 6 6.81% $16,854
IDEAL HOME LOANS LLC 6 6.15% $15,244
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 6 6.38% $15,135
EMM LOANS LLC 6 6.04% $21,047
VAN DYK MORTGAGE CORPORATION 6 6.52% $13,930
Keystone Funding, Inc. 6 6.29% $15,491
THRIVE MORTGAGE, LLC 6 6.08% $16,803
PENTAGON FEDERAL CREDIT UNION 5 5.63% $18,567
HOMESTAR FINANCIAL CORPORATION 5 6.43% $12,081
Independent Bank 5 6.83% $20,101
JLB CORPORATION 5 6.20% $17,182
Servion, Inc. 5 6.33% $14,562
CALCON MUTUAL MORTGAGE LLC 5 5.80% $15,612
Bank of Colorado 5 6.30% $16,805
AmeriHome Mortgage Company, LLC 5 6.43% $17,866
NBKC BANK 5 6.08% $14,067
CASTLE & COOKE MORTGAGE, LLC 4 6.91% $17,038
ALLIED MORTGAGE GROUP, INC. 4 7.13% $12,112
LADERA LENDING, INC. 4 6.81% $14,565
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 4 6.38% $14,359
DIRECT MORTGAGE, CORP. 4 6.13% $20,254
ENCORE BANK 4 6.91% $11,878
Shea Mortgage Inc. 4 5.28% $11,591
PHH Mortgage Corporation 4 6.68% $15,588
T2 FINANCIAL LLC 4 6.69% $17,222
PACIFIC RESIDENTIAL MORTGAGE, LLC 4 6.47% $17,742
UNION HOME MORTGAGE CORP. 4 5.66% $19,178
MANN FINANCIAL INC. 3 6.88% $14,638
VERITAS FUNDING, LLC 3 6.75% $19,971
HOME MORTGAGE ALLIANCE, LLC 3 6.46% $15,001
Waterstone Mortgage Corporation 3 6.67% $15,656
ON Q FINANCIAL, INC. 3 6.67% $13,278
Performance Financial, Inc. 3 6.13% $20,427
Hometown Equity Mortgage, LLC 3 6.38% $15,904
TOP FLITE FINANCIAL, INC. 3 6.71% $30,804
Bell Bank 3 6.25% $14,254
WESTERRA CREDIT UNION 3 6.96% $15,010
GREENSTATE CREDIT UNION 3 5.58% $10,788
Zions Bank 2 6.75% $11,091
AMERICAN FINANCIAL RESOURCES, INC. 2 5.69% $21,607
Bank of America 2 4.94% $20,023
BECKAM FUNDING CORP. 2 6.75% $25,443
BM Real Estate Services, Inc. 2 6.94% $12,231
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 7.25% $16,193
Commerce Home Mortgage, Inc. 2 6.88% $10,745
DAS Acquisition Company, LLC 2 6.63% $17,757
FirstBank 2 6.50% $10,333
First National Bank of Omaha 2 6.75% $12,900
Flanagan State Bank 2 6.63% $15,729
HOMEXPRESS MORTGAGE CORP. 2 6.38% $19,157
LIBERTY HOME MORTGAGE CORPORATION 2 7.44% $16,458
MEMBER FIRST MORTGAGE, LLC 2 5.44% $16,222
M&T Bank 2 6.44% $18,980
NATIONS DIRECT MORTGAGE, LLC 2 7.25% $17,109
NETWORK CAPITAL FUNDING CORPORATION 2 5.56% $17,845
North American Savings Bank, F.S.B. 2 5.94% $11,932
RESIDENTIAL MORTGAGE, LLC 2 6.81% $12,914
Strong Home Mortgage, LLC 2 6.68% $15,830
SUCCESS MORTGAGE PARTNERS, INC. 2 6.19% $11,365
TBI MORTGAGE COMPANY 2 5.37% $29,355
The Central Trust Bank 2 6.56% $14,991
The Loan Store, Inc. 2 7.19% $13,433
THOMPSON KANE & COMPANY, LLC 2 7.00% $14,828
Wells Fargo Bank 2 6.00% $13,543
1ST SIGNATURE LENDING, LLC 2 6.88% $20,142
PROPER RATE, LLC 1 7.25% $18,814
NEW DAY FINANCIAL, LLC 1 7.50% $5,854
NATIONS RELIABLE LENDING, LLC 1 7.13% $14,637
Mortgage Research Center, LLC 1 6.75% $15,296
RADIUS FINANCIAL GROUP INC. 1 7.49% $11,671
Mortgage Assurance Inc. 1 5.63% $10,970
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $15,779
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 7.63% $12,578
MID AMERICA MORTGAGE, INC. 1 5.38% $9,846
Magnolia Bank 1 5.99% $26,241
Lakeview Community Capital, LLC 1 6.63% $17,126
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 1 5.88% $21,906
Sierra Pacific Mortgage Company, Inc. 1 6.13% $16,640
HOME FUNDING CORPORATION 1 7.13% $22,137
SOVEREIGN LENDING GROUP INCORPORATED 1 5.88% $21,723
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 1 5.25% $26,856
Advisors Mortgage Group, L.L.C. 1 6.00% $17,576
FLAT BRANCH MORTGAGE, INC. 1 6.25% $12,615
First United Bank and Trust Company 1 6.50% $7,714
FIRST CONTINENTAL MORTGAGE, LTD. 1 5.00% $12,926
FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $14,766
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.63% $12,656
First Bank & Trust 1 6.50% $11,856
A&D Mortgage LLC 1 7.00% $23,053
Academy Bank 1 5.75% $15,353
Fifth Third Bank 1 6.38% $18,015
ENVOY MORTGAGE, LTD 1 7.75% $22,452
ACOPIA, LLC 1 5.75% $13,980
DELMAR FINANCIAL COMPANY 1 5.63% $16,013
Willamette Valley Bank 1 5.75% $17,401
COASTAL FUNDING SLC, INC. 1 5.75% $13,999
Citizens Bank 1 6.50% $26,452
Capital Bank 1 5.13% $16,207
Truist 1 6.20% $5,367
CANOPY MORTGAGE, LLC 1 7.25% $11,460
Unify Home Lending Inc. 1 6.25% $16,448
BROOKHOLLOW MORTGAGE SERVICES, LTD 1 5.00% $48,580
BETTER MORTGAGE CORPORATION 1 6.75% $10,548
Bank of the West 1 6.75% $7,599
Arvest Bank 1 5.38% $19,218
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.50% $11,006
Ameris Bank 1 7.13% $12,938
Peak Financial 1 7.13% $8,770
PANORAMA MORTGAGE GROUP, LLC 1 6.63% $23,133
ONE NEVADA CREDIT UNION 1 5.38% $13,495
PLUS RELOCATION MORTGAGE, LLC 1 6.99% $16,510
PREMIA MORTGAGE, LLC 1 6.75% $12,907
PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.75% $16,823
NORWICH COMMERCIAL GROUP, INC. 1 6.25% $19,412
NMSI, INC. 1 7.00% $10,806
NexBank 1 6.13% $12,164

The top Denver FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 1,082 FHA loans originated. Their average total fees are $17,816, which is $1,410 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Denver FHA lenders (with over 10 loans originated) are CHERRY CREEK MORTGAGE, LLC ($7,329), HOMEAMERICAN MORTGAGE CORPORATION ($10,880), PULTE MORTGAGE LLC ($11,415), NBH Bank ($11,706) and NOVA FINANCIAL & INVESTMENT CORPORATION ($11,806).

The lowest rate Denver FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.78%), INSPIRE HOME LOANS INC. (5.23%), HOMEAMERICAN MORTGAGE CORPORATION (5.26%), PULTE MORTGAGE LLC (5.35%) and DHI MORTGAGE COMPANY, LTD. (5.39%).

Denver FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
DENVER-AURORA-LAKEWOOD, CO ADAMS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DENVER 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ELBERT 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO GILPIN 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO PARK 2022 $684,250 $875,950 $1,058,850 $1,315,900
DENVER-AURORA-LAKEWOOD, CO ADAMS 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO ARAPAHOE 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO BROOMFIELD 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO CLEAR CREEK 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO DENVER 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO DOUGLAS 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO ELBERT 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO GILPIN 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO JEFFERSON 2023 $787,750 $1,008,450 $1,219,000 $1,514,950
DENVER-AURORA-LAKEWOOD, CO PARK 2023 $787,750 $1,008,450 $1,219,000 $1,514,950

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $521,872 (4.5%) $711,552 (4.1%) 1.93 3,795
2018-02-01 $520,182 (4.0%) $710,322 (3.0%) 1.89 3,928
2018-03-01 $520,000 (4.0%) $713,016 (3.2%) 1.82 4,296
2018-04-01 $545,000 (9.0%) $759,534 (11.4%) 1.85 4,875
2018-05-01 $532,450 (6.5%) $742,087 (10.0%) 1.78 5,451
2018-06-01 $520,000 (4.5%) $717,892 (8.0%) 1.73 6,460
2018-07-01 $499,950 (1.0%) $695,706 (5.1%) 1.67 7,129
2018-08-01 $495,000 (2.2%) $673,093 (2.9%) 1.66 7,431
2018-09-01 $489,000 (0.9%) $663,732 (1.3%) 1.64 7,892
2018-10-01 $479,900 (-1.0%) $645,913 (-1.8%) 1.63 8,098
2018-11-01 $474,950 (-3.9%) $639,484 (-5.4%) 1.61 7,721
2018-12-01 $479,000 (-7.8%) $647,659 (-8.0%) 1.65 6,234
2019-01-01 $487,500 (-6.6%) $656,137 (-7.8%) 1.68 5,452
2019-02-01 $499,750 (-3.9%) $671,896 (-5.4%) 1.69 5,494
2019-03-01 $515,530 (-0.9%) $683,389 (-4.2%) 1.69 5,921
2019-04-01 $523,729 (-3.9%) $689,419 (-9.2%) 1.66 6,478
2019-05-01 $515,000 (-3.3%) $676,682 (-8.8%) 1.61 7,489
2019-06-01 $515,000 (-1.0%) $668,482 (-6.9%) 1.61 8,377
2019-07-01 $500,000 (0.0%) $657,063 (-5.6%) 1.57 8,891
2019-08-01 $498,564 (0.7%) $655,049 (-2.7%) 1.58 8,767
2019-09-01 $496,559 (1.6%) $653,611 (-1.5%) 1.59 8,616
2019-10-01 $495,223 (3.2%) $652,981 (1.1%) 1.60 8,439
2019-11-01 $499,000 (5.1%) $666,656 (4.3%) 1.64 7,183
2019-12-01 $497,495 (3.9%) $674,594 (4.2%) 1.66 6,118
2020-01-01 $527,480 (8.2%) $736,167 (12.2%) 1.76 3,875
2020-02-01 $550,000 (10.1%) $778,147 (15.8%) 1.80 3,604
2020-03-01 $555,212 (7.7%) $781,941 (14.4%) 1.74 4,292
2020-04-01 $542,500 (3.6%) $729,462 (5.8%) 1.70 4,933
2020-05-01 $545,000 (5.8%) $728,600 (7.7%) 1.66 5,843
2020-06-01 $547,000 (6.2%) $734,370 (9.9%) 1.61 6,523
2020-07-01 $540,075 (8.0%) $739,959 (12.6%) 1.57 6,040
2020-08-01 $539,000 (8.1%) $747,040 (14.0%) 1.54 5,747
2020-09-01 $522,000 (5.1%) $749,906 (14.7%) 1.50 5,359
2020-10-01 $515,000 (4.0%) $750,748 (15.0%) 1.48 4,860
2020-11-01 $519,900 (4.2%) $770,181 (15.5%) 1.52 3,921
2020-12-01 $530,900 (6.7%) $802,140 (18.9%) 1.58 2,899
2021-01-01 $525,000 (-0.5%) $814,286 (10.6%) 1.57 2,290
2021-02-01 $539,849 (-1.9%) $828,665 (6.5%) 1.57 2,148
2021-03-01 $555,000 (0.0%) $846,872 (8.3%) 1.57 2,241
2021-04-01 $575,000 (6.0%) $889,171 (21.9%) 1.56 2,214
2021-05-01 $595,000 (9.2%) $897,003 (23.1%) 1.58 2,288
2021-06-01 $599,175 (9.5%) $875,181 (19.2%) 1.58 3,092
2021-07-01 $600,000 (11.1%) $850,648 (15.0%) 1.58 3,722
2021-08-01 $600,000 (11.3%) $840,358 (12.5%) 1.60 3,847
2021-09-01 $599,950 (14.9%) $844,683 (12.6%) 1.60 3,835
2021-10-01 $615,000 (19.4%) $846,450 (12.8%) 1.64 3,577
2021-11-01 $617,475 (18.8%) $863,420 (12.1%) 1.65 2,725
2021-12-01 $627,035 (18.1%) $899,026 (12.1%) 1.70 1,885
2022-01-01 $639,950 (21.9%) $979,269 (20.3%) 1.73 1,438
2022-02-01 $647,500 (19.9%) $984,526 (18.8%) 1.68 1,518
2022-03-01 $662,000 (19.3%) $971,704 (14.7%) 1.66 1,839
2022-04-01 $676,500 (17.7%) $963,724 (8.4%) 1.61 2,358
2022-05-01 $695,000 (16.8%) $942,761 (5.1%) 1.59 3,427
2022-06-01 $680,000 (13.5%) $883,448 (0.9%) 1.51 4,767
2022-07-01 $650,000 (8.3%) $839,581 (-1.3%) 1.46 6,180
2022-08-01 $636,490 (6.1%) $820,763 (-2.3%) 1.47 6,471
2022-09-01 $626,750 (4.5%) $819,377 (-3.0%) 1.47 6,493
2022-10-01 $620,000 (0.8%) $826,664 (-2.3%) 1.46 6,576
2022-11-01 $609,200 (-1.3%) $825,532 (-4.4%) 1.46 6,025
2022-12-01 $600,000 (-4.3%) $830,563 (-7.6%) 1.48 4,617
2023-01-01 $600,000 (-6.2%) $859,792 (-12.2%) 1.49 3,766
2023-02-01 $632,475 (-2.3%) $920,601 (-6.5%) 1.53 3,300
2023-03-01 $654,950 (-1.1%) $973,211 (0.2%) 1.54 3,429
2023-04-01 $679,000 (0.4%) $974,148 (1.1%) 1.58 3,978
2023-05-01 $682,250 (-1.8%) $973,280 (3.2%) 1.55 4,381
2023-06-01 $680,000 (0.0%) $959,445 (8.6%) 1.53 5,065
2023-07-01 $675,000 (3.9%) $938,445 (11.8%) 1.53 5,515
2023-08-01 $659,950 (3.7%) $910,334 (10.9%) 1.52 5,882
2023-09-01 $649,000 (3.6%) $896,750 (9.4%) 1.51 6,346
2023-10-01 $635,000 (2.4%) $885,482 (7.1%) 1.49 6,569
2023-11-01 $625,000 (2.6%) $870,201 (5.4%) 1.49 6,205
2023-12-01 $610,000 (1.7%) $848,158 (2.1%) 1.49 4,947
2024-01-01 $599,997 (0.0%) $844,685 (-1.8%) 1.47 4,197
2024-02-01 $609,625 (-3.6%) $873,507 (-5.1%) 1.47 4,291
2024-03-01 $619,900 (-5.4%) $886,842 (-8.9%) 1.46 5,077
2024-04-01 $625,000 (-8.0%) $873,752 (-10.3%) 1.45 6,270
Denver's median listing price for 2024-04-01 was $625,000, a difference of $-54,000 (-8.0%) versus the prior year and $5,100 versus the prior month.

Denver's median listing price comes in at 145% of the national average.

Denver's average listing price for 2024-04-01 was $873,752, a difference of $-100,396 (-10.3%) versus the prior year and $-13,090 versus the prior month.

For the 2024-04-01 period, Denver had 6,270 MLS listings, a difference of 1,193 listings (23%) versus the prior month and 2,292 listings (58%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Denver (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 54 days 2,763 sqft
2018-02-01 31 days 2,782 sqft
2018-03-01 24 days 2,771 sqft
2018-04-01 23 days 2,920 sqft
2018-05-01 23 days 2,877 sqft
2018-06-01 24 days 2,769 sqft
2018-07-01 30 days 2,709 sqft
2018-08-01 32 days 2,627 sqft
2018-09-01 36 days 2,592 sqft
2018-10-01 37 days 2,495 sqft
2018-11-01 44 days 2,467 sqft
2018-12-01 57 days 2,459 sqft
2019-01-01 56 days 2,465 sqft
2019-02-01 31 days 2,476 sqft
2019-03-01 30 days 2,523 sqft
2019-04-01 28 days 2,580 sqft
2019-05-01 26 days 2,568 sqft
2019-06-01 30 days 2,561 sqft
2019-07-01 36 days 2,510 sqft
2019-08-01 38 days 2,476 sqft
2019-09-01 39 days 2,441 sqft
2019-10-01 42 days 2,418 sqft
2019-11-01 50 days 2,401 sqft
2019-12-01 60 days 2,307 sqft
2020-01-01 61 days 2,539 sqft
2020-02-01 32 days 2,859 sqft
2020-03-01 23 days 2,766 sqft
2020-04-01 33 days 2,677 sqft
2020-05-01 37 days 2,699 sqft
2020-06-01 31 days 2,515 sqft
2020-07-01 31 days 2,410 sqft
2020-08-01 30 days 2,259 sqft
2020-09-01 30 days 2,134 sqft
2020-10-01 30 days 2,016 sqft
2020-11-01 38 days 1,924 sqft
2020-12-01 48 days 1,893 sqft
2021-01-01 38 days 1,871 sqft
2021-02-01 17 days 1,939 sqft
2021-03-01 9 days 2,029 sqft
2021-04-01 9 days 2,170 sqft
2021-05-01 8 days 2,204 sqft
2021-06-01 9 days 2,260 sqft
2021-07-01 16 days 2,269 sqft
2021-08-01 18 days 2,218 sqft
2021-09-01 22 days 2,205 sqft
2021-10-01 23 days 2,240 sqft
2021-11-01 30 days 2,223 sqft
2021-12-01 38 days 2,198 sqft
2022-01-01 24 days 2,188 sqft
2022-02-01 6 days 2,204 sqft
2022-03-01 6 days 2,276 sqft
2022-04-01 5 days 2,299 sqft
2022-05-01 10 days 2,460 sqft
2022-06-01 16 days 2,431 sqft
2022-07-01 23 days 2,376 sqft
2022-08-01 31 days 2,327 sqft
2022-09-01 36 days 2,303 sqft
2022-10-01 37 days 2,298 sqft
2022-11-01 46 days 2,286 sqft
2022-12-01 59 days 2,250 sqft
2023-01-01 65 days 2,262 sqft
2023-02-01 42 days 2,315 sqft
2023-03-01 27 days 2,374 sqft
2023-04-01 24 days 2,449 sqft
2023-05-01 24 days 2,448 sqft
2023-06-01 29 days 2,486 sqft
2023-07-01 31 days 2,482 sqft
2023-08-01 35 days 2,408 sqft
2023-09-01 38 days 2,321 sqft
2023-10-01 41 days 2,286 sqft
2023-11-01 48 days 2,243 sqft
2023-12-01 61 days 2,159 sqft
2024-01-01 63 days 2,091 sqft
2024-02-01 35 days 2,095 sqft
2024-03-01 30 days 2,139 sqft
2024-04-01 32 days 2,178 sqft
Denver's median listing age (time on market) for 2024-04-01 was 32 days. This is 31% longer than the same period one year ago.

Denver's median square footage for active listings during the 2024-04-01 period was 2,178 sqft. One year prior, the average listing was 2,449 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).